NSW – Strata Managing Agents Legislation Amendment Bill 2024 introduced
Content The Strata Managing Agents Legislation Amendment Bill 2024 was introduced in the Legislative Assembly on 14 August 2024.On 30 October 2024, the Governor proclaimed that the amendments would take effect from 1 November 2024. The proposed amendments will affect Strata Schemes Management Act 2015 (“SSMA”), Property and Stock Agents Act 2002 (“PSAA”), Community Land Management Act 2021 (“CLMA”), and […]
IPART Publishes Final Embedded Networks Report
Content The NSW Independent Pricing and Regulatory Tribunal (IPART) has completed its review of the future of embedded networks in NSW. It recently published its final report. The NSW Government introduced the NSW Embedded Network Action Plan to address gaps in customer protection regulatory frameworks. As a part of the Action Plan, the NSW Government […]
Changes to the NSW Strata and Community Titles legislation
Under the Strata Legislation Amendment Bill 2023, various changes have been made to the strata and community titles legislation. The changes commenced on 11 December 2023 (transitional arrangements are in place for certain changes). The 4 Acts which have been amended are: Strata Schemes Management Act 2015 Strata Schemes Development Act 2015 Community Land Management Act 2021 […]
Who is responsible for water-proofing a balcony?
Content A question from a NSW strata owner: The top floor owners wish to establish a garden on their balcony which is above the rooms of the apartment below. A new waterproof membrane would be installed. The concern from the owner below is the risk of damage from water penetration in the future. Should this […]
Purchasing common property roof space
Content This article first appeared on the LookUpStrata website which our team at Bugden Allen Lawyers regularly contribute to. A NSW Lot Owner wonders how much to pay for the right to use common property. He’d like to purchase the roof space to build another bedroom. Emma Smythies, provides a few options plus the steps […]
New disclosure requirements for NSW off-the-plan sales commencing 1 December 2019
By Emma Smythies* New legislative reforms for off-the-plan contracts for sale in NSW will become effective from 1 December 2019. The reforms in the Conveyancing Legislation Amendment Act 2018 and Conveyancing (Sale of Land) Amendment Regulation 2019 are intended to provide purchasers with greater transparency and stronger protections when they buy property off-the-plan. Developers should start preparing now to ensure […]